Sunday, August 31, 2025

Rented Robots for small and medium-sized businesses

Good news!

"... Buying a robot could cost as much as $500,000, and ... wasn’t even confident that one would work. Instead, he rented a robot from Formic, a Woodridge, Ill., firm that takes care of installation, training, programming and repairs. It costs about $23 an hour, roughly the same as a human. ...

The robot rental model has the potential to transform the American industrial base by making automation accessible to small and medium-size businesses that have traditionally been slow to adopt new technology. ..."

Rented Robots Get the Worst Jobs and Help Factories Keep Humans - Human Progress

No comments: